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Structured Settlements and Other Investments

By Edited Apr 25, 2014 1 1

If you want to grow your money, then one thing you must do is to start investing. Many people don't do this for a couple of reasons. The first is that they don't know how. In the world of investing, there are tons of different vehicles that you can use and it can sometimes be a bit overwhelming. Just looking at real estate investing can be a dizzying experience. Another reason why people don't invest is because they have been burnt in the past. With the recent downfall of the housing market as well as the financial market, many people have lost a lot of money and this has given them a sour taste in their mouth in respects to investing.

Although these reasons are understandable, if you are using one of these reasons to prevent yourself from investing then you need to get over it. If you don't know how to invest, then simply make it a study. No one learns how to make money when they are born. There a countless numbers of books and programs out there that will take you step by step through investing anything from stocks to real estate to structured settlements. Yes, you can even invest and purchase other people's "fortune" if you know how. In the case of a structured settlement, this is a situation where someone has won a large amount of money through some sort of legal deal. Since they are getting the money in periodic payments, what you can do is purchase what they are getting for a value less than the total sum. They will do this because in exchange, they will get a lump sum of cash and you will get the continued payments.

Now if you don't want to get to technical and want to invest in something where you don't have to do much, then you can always put your money into some index funds but honestly, if you really want to grow your money, the best thing to do is get financially educated. The more you know, the better you will be at investing your money. You can hire other people to do it for you but in the end, no one will care about your money more than you. You can find out more about things like doing a structured settlement purchase and other investments by doing some research online. It will take time to get this stuff down but it will be worth it.

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Comments

Jul 2, 2010 1:32am
kims3003
great well written article with lots of excellent information. A+!
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